Factory Overhead lates, Entries, and Account balance Sundance Solar Company operates two factories. The company soples factory overhead to jobs on the basis of machine hours in Fodory 1 and on the treactory overhead costs, direct labor hours, and machine hours are as follows: Factory 1 Factory 2 Estimated factory overhead cost for fiscal year beginning March 1 5667,680 5924,000 Estimated direct labor hours for year 14,000 Estimated machine hours for year 17.120 Actual factory overhead costs for March $53,570 579,830 Actual direct labor hours for March 1,260 Actual machine hours for March 1.340 .. Determine the factory overhead rate for Factory per machine hour b. Determine the factory overhead rate for Factory 2. per direct labor hour Journal the entries to apply factory overed to production in each factory for Marc Factory 1 Factory 2